Oireachtas Joint and Select Committees

Thursday, 20 October 2022

Public Accounts Committee

2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 3 - Vote Accounting and Budget Management
Chapter 4 - Reallocation of Voted Funding

9:30 am

Mr. David Moloney:

I thank Deputy Munster for the question. She obviously knows that the retrofitting scheme is a matter for the Department of the Environment, Climate and Communications in the first instance, but of course, we do take an interest. It is a large amount of money, and it is a big part of the NDP and a significant commitment within it. The challenge in the context we discussed earlier in terms of the broad capital programme, post-Covid supply chain disruption and all the rest of it is probably amplified in the case of retrofit because the ambition in the national development plan is to create a whole new retrofit industry. My understanding is that Minister for the Environment, Climate and Communications is optimistic that progress is being made in that regard, and that the underspend we see in retrofitting will be addressed over time. Many people are now going into the industry and there is a lot more interest, in particular with the price of energy going the way it is. The Minister anticipates a greater interest in the scheme. We do look at it. Internationally, the big problem with deep retrofit is that it is costly and disruptive, so there is a good deal of inertia.

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